-Hindustan Times The Modi government is looking to address a worrying agrarian crisis with a set of schemes and Budget provisions aimed at ramping up the larger rural economy, rather than just the farm sector, people familiar with the development told HT. Budget 2015-2016 is likely to provide for a more effective Pradhan Mantri Krishi Sinchayin Yojana, a flagship scheme announced last year to create irrigation infrastructure, with substantially higher allocations. The...
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Drought insulation -Harish Damodaran
-The Indian Express Total foodgrain production in 2015-16 is expected at 253.16 million tonnes (mt), according to the Agriculture Ministry’s second advance estimates. India’s agricultural output hasn’t taken as much a hit from back-to-back droughts this time round as with previous monsoon failure episodes. Total foodgrain production in 2015-16 is expected at 253.16 million tonnes (mt), according to the Agriculture Ministry’s second advance estimates. This is only 4.5 per cent below the...
More »Can India beat this slowdown? -Jayan Jose Thomas
-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...
More »SC asks RBI for details of firms that have defaulted on loans of over Rs 500 crore -Shreeja Sen
-Livemint.com The Supreme Court has asked RBI to submit the information within six weeks New Delhi: The Supreme Court (SC) on Tuesday asked the Reserve Bank of India (RBI) to furnish details of companies that have defaulted on loans amounting to more than Rs.500 crore in sealed covers within six weeks. The court made the central bank a party to a 2005 case related to bad loans advanced to a few companies...
More »NIMHANS to unveil Urban Mental Health Plan -Afshan Yasmeen
-The Hindu Bengaluru: With heightened concern over the impact of excessive use of technology — especially social media addiction — on mental health in our cities, the National Institute of Mental Health and Neurosciences (NIMHANS) is planning to come up with an Urban Mental Health Plan. Revealing this at the 20th convocation of NIMHANS here on Saturday, institute Director B.N. Gangadhar said the current district mental health plan largely catered to issues...
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